Bitcoin Gold (BTG) Market Capitalization Achieves $458.52 Million

Bitcoin Gold (BTG) traded down 7.8% against the U.S. dollar during the twenty-four hour period ending at 18:00 PM Eastern on June 17th. Bitcoin Gold has a market capitalization of $458.52 million and approximately $8.15 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last week, Bitcoin Gold has traded down 16.4% against the U.S. dollar. One Bitcoin Gold coin can currently be purchased for about $26.18 or 0.00039285 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded 4.1% lower against the dollar and now trades at $21.74 or 0.00032618 BTC.
• Horizen (ZEN) traded 4.4% lower against the dollar and now trades at $6.91 or 0.00010371 BTC.
• Komodo (KMD) traded down 4.8% against the dollar and now trades at $0.36 or 0.00000545 BTC.
• Pirate Chain (ARRR) traded down 1.6% against the dollar and now trades at $0.22 or 0.00000328 BTC.
• ZClassic (ZCL) traded 0.1% higher against the dollar and now trades at $0.0600 or 0.00000090 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official website for Bitcoin Gold is bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official message board is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Bitcoin Gold Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView